Climate Change Adaptation in the British Columbia Wine Industry Can carbon sequestration technology lower the B.C. Wine Industry's greenhouse gas emissions?

Lee Cartier and Svan Lembke

Papers from arXiv.org

Abstract: The purpose of this study is to measure the benefits and costs of using biochar, a carbon sequestration technology, to reduce the B.C Wine Industry's carbon emissions. An economic model was developed to calculate the value-added for each of the three sectors that comprise the BC Wine industry. Results indicate that each sector of the wine value chain is potentially profitable, with 9,000 tonnes of CO2 sequestered each year. The study is unique in that it demonstrates that using biochar, produced from wine industry waste, to sequester atmospheric CO2 can be both profitable and environmentally sustainable.

Date: 2021-04
New Economics Papers: this item is included in nep-agr and nep-env
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Published in Applied Economics and Finance, Vol 8 No. 4, July 2021

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Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:2104.13330

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